Biden’s mass cancellation has set an extremely dangerous precedent. Those who will foot the bill are those who either did not go to college, chose a more financially viable institution or repaid their debt.
Tag - student loans
Will our judicial system really re-saddle grads with debt they already wrote off?
At a period when inflation is already as bad as it has been in decades, exacerbating the problem with debt cancellation is the last thing we should be doing.
So, what’s Joe Biden’s blue-sky ask for his first three months in office? Nothing related to the coronavirus pandemic.
Well-intentioned tuition aid policies have only created skyrocketing tuition and debt that graduates can’t afford to pay.